Concerns Arise Over CPI Data Accuracy with Response Rates Lagging 📅 Published on: February 22, 2024 The consumer price index continued to draw relatively weak response rates in 2023, calling into question the accuracy of the widely watched US inflation data.The share of completed surveys that were used in the CPI estimation stood at 71% in 2023, the Bureau of Labor Statistics said Friday. While that’s been ticking up in recent years, it’s still well below the pre-pandemic trend of near 80%. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Layoffs rise to the highest for any February since 2009, Challenger says READ MORE Fed's Latest Stress Test Scenarios: Banks Brace for Hypothetical Global Recession READ MORE Euro Zone Beats Recession Odds, But Economic Challenges Loom READ MORE Inflation No Match for Casino Wins: U.S. Gaming Industry Sees Historic Highs in 2023 READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
